Industries · finance

Insurance (Consumer Aggregators, Quote Sites) conversion rate benchmarks

Policygenius, Lemonade, The Zebra, Gabi. Quote-form CVR is the primary metric. Consumer insurance shopping is high-friction because comparing requires personal info; aggregators compete on reducing that friction.

Business model
lead-gen commission from carriers, direct commission
Typical ACV
lead-gen pays $5-100 per lead, direct policies $500-2000 LTV
Sales cycle
~3 days
Top traffic sources
paid-search, organic-search, tv-ads

Cited benchmarks (1)

Each row links to its source study. Click a metric to open the full benchmark page for Insurance (Consumer Aggregators, Quote Sites) with percentile bar and methodology.

Metricp25p50p75Source
Visitor-to-Lead Rate 3.0%6.2%12.0%WordStream 2024

Notes on this vertical

Paid search CPCs are among the highest in any industry ($20-50/click) because LTVs are high. Quote-completion CVR must be high to justify CAC.

Industry profile cited from Insurance Information Institute Publications.